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MacroBusiness Thursday, May 24, 2018 - 13:30 Source

By Leith van Onselen The CD Howe Institute has released a new study on how excessive land-use restrictions and planning barriers are driving up the cost of Canadian housing: In any competitive market without barriers to entry, regardless of the product being sold, the overall market price should equal its marginal cost of production. The

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Renew Economy Thursday, May 24, 2018 - 13:24 Source

Global smart metering leader Landis+Gyr and Pacific Equity Partners today announced an agreement to form a joint venture for the acquisition of Acumen from Australia’s largest energyretailer, Origin Energy Limited.

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MacroBusiness Thursday, May 24, 2018 - 13:00 Source

By Leith van Onselen After previously raising concern at the rapid immigration (population growth) into Sydney, NSW Labor leader Luke Foley has taken a bizarre turn, now lamenting the “white flight” from suburbs like Fairfield caused by a supposed influx of refugees. From The Daily Telegraph: LABOR leader Luke Foley has put the issue of

The post NSW Labor leader Foley shoots wrong immigration target appeared first on MacroBusiness.

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MacroBusiness Thursday, May 24, 2018 - 13:00 Source

By Leith van Onselen After previously raising concern at the rapid immigration (population growth) into Sydney, NSW Labor leader Luke Foley has taken a bizarre turn, now lamenting the “white flight” from suburbs like Fairfield caused by a supposed influx of refugees. From The Daily Telegraph: LABOR leader Luke Foley has put the issue of

The post NSW Labor leader Foley shoots wrong immigration target appeared first on MacroBusiness.

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MacroBusiness Thursday, May 24, 2018 - 12:30 Source

By Leith van Onselen The chorus calling for a lift in Australia’s pathetically low Newstart Allowance for unemployed workers (the ‘dole’) is getting too loud to ignore. In recent times, we have witnessed a huge cross-section of industry groups and commentators calling for Newstart to be lifted, including: Deloitte Access Economics senior partner Chris Richardson;

The post Why won’t Labor commit to raising Newstart? appeared first on MacroBusiness.

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MacroBusiness Thursday, May 24, 2018 - 11:57 Source

AUD is off during the morning: Bonds are bid: The XJO double-top is still in play: Dalian is holding modest overnight gains: Big Iron is down with the recent short of FMG at $5 looking good: Big Gas is down too: And Big Gold: But that snapping sound you can hear is CBA breaking as

The post That snapping sound you can hear is CBA breaking appeared first on MacroBusiness.

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MacroBusiness Thursday, May 24, 2018 - 11:45 Source

Via Elliot Clarke at Westpac: The minutes of a FOMC meeting typically hold little significance for the market. In this instance however, there is cause for a closer look. This is because the May minutes provide a clear assessment of the risks that the US currently faces, particularly with respect to inflation; financial conditions and

The post Inside the Fed’s risks appeared first on MacroBusiness.

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MacroBusiness Thursday, May 24, 2018 - 11:25 Source

Via The West: The WA Liberal Party will not return $400,000 in donations from a Chinese-born businessman at the heart of allegations he funded the bribery of a senior United Nations official. The WA branch of the Liberal Party accepted a $200,000 donation from a company associated with billionaire property developer Chau Chak Wing in

The post WA Libs to keep Chinese funny money appeared first on MacroBusiness.

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Renew Economy Thursday, May 24, 2018 - 11:11 Source

Carnegie Clean Energy raises $5.3m to go towards existing and pipeline of wave, solar and battery storage microgrid projects.

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MacroBusiness Thursday, May 24, 2018 - 11:01 Source

LIVE TODAY | The Future of Financial Advice 24th May, 12:30 PM (GMT + 11:00) This afternoon Damien Klassen and Tim Fuller will walk through recent events and what remains of the Financial Advice Sector. Given the recent royal commission’s findings, what impacts will be felt in the financial advice sector? Is this the end of aligned (bank) advice? What changes are on the

The post LIVE TODAY | MB Fund Webinar: The Future of Financial Advice appeared first on MacroBusiness.

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MacroBusiness Thursday, May 24, 2018 - 11:00 Source

By Leith van Onselen With the Turnbull Government’s company tax cut package seemingly dead in the water after One Nation’s rejection in the Senate, and Coalition MPs questioning the political merits of pursuing the policy, both The AFR and The Australian have launched rear guard actions backing the package. The AFR has taken direct aim

The post MSM pushes company tax cut suicide on Coalition appeared first on MacroBusiness.

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Renew Economy Thursday, May 24, 2018 - 10:57 Source

German energy giant teams with Google to extend rooftop solar mapping tool to Great Britain, and potentially also to Italy.

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Renew Economy Thursday, May 24, 2018 - 10:57 Source

German energy giant teams with Google to extend rooftop solar mapping tool to Great Britain, and potentially also to Italy.

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MacroBusiness Thursday, May 24, 2018 - 10:30 Source

Via The Australian: Woodside Petroleum chief Peter Coleman has warned of further east coast gas price rises as a global LNG shortage hits markets in as little as two years — much sooner than forecasters were previously expecting. After visits to Asian buyers in recent months, Woodside has brought its February forecast of a global

The post Woodside’s looming LNG shortage looks a lot like a huge glut appeared first on MacroBusiness.

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Renew Economy Thursday, May 24, 2018 - 10:15 Source

South Australia shows surprisingly little curtailment of wind energy, even though its output can reach 120% of demand at times.

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